Follies galore | Daily FT

Published by
Daily Financial Times

The world continues to implode on so many fronts. Here in Lanka, finally, finally, the IMF has been invited to help us navigate pass the reefs of financial ruin, bloated debts, emaciated coffers, shortages of essentials, forex instability, and a legion of ills and errors that simply cannot be wished away with a short-term begging bowl or “swaps” for which we keep deferring payments as interest rates on those commitments start to soar. The American “Empire” has waylaid its credibility in the Middle East and does not govern the reactions of Europe in any meaningful way now. The dollar is under p…

Read More